Common use of Joint Tenants with Rights of Survivorship Clause in Contracts

Joint Tenants with Rights of Survivorship. In this instance, it is the express intention of the (joint) Account holders to create an estate or account as joint tenants with rights of survivorship and not as tenants-in-common; in the event of the death of either one of the Account holders, the entire interest in this Account shall be vested in the surviving Account holder on the same terms and conditions as previously held, without in any manner releasing the deceased Account holder’s estate from the liabilities that are provided for hereinafter;

Appears in 5 contracts

Samples: Client Agreement, Client Agreement, murrenfx.com

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Joint Tenants with Rights of Survivorship. In this instance, it It is the express intention of the (joint) Account holders Holders to create an estate or account as joint tenants with rights of survivorship and not as tenants-in-in- common; in . In the event of the death of either one any of the Account holdersHolders, the entire interest in this Account shall be vested in the surviving Account holder Holders on the same terms and conditions as previously held, without in any manner releasing the any deceased Account holderHolder’s estate from the liabilities that are liability provided for hereinafter;in Section 5.

Appears in 2 contracts

Samples: Joint Account Agreement, Joint Account Agreement

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